iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Up 309.3% in August

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 178,574 shares, an increase of 309.3% from the August 15th total of 43,633 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 77,316 shares, the short-interest ratio is presently 2.3 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2033 Term Treasury ETF stock opened at $23.33 on Monday. iShares iBonds Dec 2033 Term Treasury ETF has a 52-week low of $23.32 and a 52-week high of $25.00. The company’s 50-day simple moving average is $23.79 and its 200-day simple moving average is $24.10.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0838 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of large investors have recently modified their holdings of the business. United Capital Financial Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after buying an additional 19,157 shares during the period. Janney Montgomery Scott LLC acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF during the first quarter worth $1,595,000. Thoroughbred Financial Services LLC raised its position in iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock worth $1,727,000 after acquiring an additional 38,042 shares in the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.